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KAIST Co-owns the HEVC Patent Portfolio License
MPEG LA, LLC, a firm based in Denver, Colorado, which licenses patent pools covering essential patents required for the use of video coding technology, such as MPEG-2, MPEG-4 Visual (Part 2), and HEVC/H.264, announced the availability of the High Efficiency Video Coding (HEVC) Patent Portfolio License on September 29, 2014. The HEVC standard, also known as H.265 and MPEG-H Part 2, is necessary to improve video coding and transmission efficiency for the Internet, televisions, and mobile gadgets with increased speed and capacity. Through the portfolio license, users can easily obtain patent rights required for the HEVC standard in a single transaction, instead of negotiating separate licenses from multiple patent holders. A total of 23 enterprises currently own essential HEVC patents. KAIST is the only Korean university among the joint patent owners. Collaborating with the Korea Broadcasting System (KBS) and the Electronics and Telecommunications Research Institute (ETRI), Professor Mun-Chul Kim of the Electrical Engineering Department at KAIST developed one of the core patents. For a link to a press release distributed by MPEG LA, LLC, please see: MPEG LA, LLC, September 29, 2014 "MPEG LA, LLC Offers HEVC Patent Portfolio License" http://www.mpegla.com/main/Pages/Media.aspx
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